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The extension application for mining rights of Ghana's gold mines was rejected, and the gold producer Gold Fields (GFI.US) has its mining contract extended by only one year.
After the Ghanaian government initially rejected Gold Fields' contract renewal application, the company will receive a 12-month lease to continue the operation of the Damang mine in Ghana.
Gold Fields Gets 12-Month Lease Extension for Ghana's Damang Mine
How to understand the adjustment of Gold in this round?
Deutsche Bank stated that the recent decline in Gold is mainly due to the rebound of the dollar and the market's overinterpretation of tariff news. The tariff issues in the USA have not yet been resolved, and there remains significant uncertainty about the outlook, therefore the extent of the Gold pullback is limited.
Express News | Gold Fields Ltd - Feasibility Study to Extend Damang Mine Life to Be Finalised by End of 2025
Express News | Gold Fields Ltd - Will Safely Recommence Mining Activities at Damang, in Line With Mining Programme That Has Been Submitted to Ghana of Govt
Express News | Gold Fields Ltd - New Mining Lease for Damang Mine Granted for 12 Months
72137141 : it was a market manipulation by the fascist Tramp government.... what's new? they're criminals
Yes, market manipulation is a crime in most countries, including the United States. It involves deliberately interfering with the free and fair operation of a market, often to create artificial prices or trading volumes for personal gain.
Ultratech 72137141 : he's above the law apparently. the January 6th riot wasn't supposed to be able to run. stealing classified documents rapist tax evasion etc
vincent van dijck : with Trump you never know.
104137842 : $Tesla (TSLA.US)$